Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

848 Jeffries

Big Bear Lake, CA, 92315

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$4,350,000

MLS: IV25240353

Beds

8

Baths

9

Sq Ft

12,841

Lot

1.77 ac

Year Built

1980

MLS #

IV25240353

Days on Market

1

Listed

Oct 16, 2025

Description

Tucked away in Big Bear’s coveted Village area, this unexpected Tudor-style estate is like no other — a private compound offering unmatched craftsmanship, serenity, and grandeur on nearly two acres of park-like grounds. Behind its gates lies your own private forest of towering pines and manicured pathways leading to charming gazebos, arched bridges, barbecue pavilions, and a turf sports court framed by the two-bedroom guest house. The main residence spans over 10,000 square feet across three levels, designed for both entertaining and peaceful retreat. On the lower level, an indoor rock grotto spa with its own bar sets a resort-like tone, complemented by a gym, sauna, and wine cellar. The main floor invites gatherings with a game room and full bar opening to a wraparound balcony and extensive outdoor patio. There is a spacious family room with a double-sided stone fireplace, a formal dining room, and a grand kitchen built for culinary inspiration. Also on this level are a private mother-in-law suite, an additional guest suite, 2 guest bathrooms, laundry room and walk in butlers pantry. The focal point of the entry, a sweeping circular staircase, leads to the upper level where the primary suite and retreat anchor the floor, along with two additional bedrooms and a stunning family room crowned by vaulted wood-beam ceilings. You will also find a richly detailed den with handcrafted beamwork surrounding the fireplace — currently used as a bedroom, though perfectly suited for a library or private study. The guest house, equally inviting, offers two bedrooms and its own living spaces ideal for extended family, staff, or short-term rental use. Suitable as a primary residence, vacation retreat, or legacy family compound, Edgewood Mansion is also an exceptional investment opportunity — with its scale, layout, and proximity to the Village, the lake and ski resorts offering potential for transformation into an exclusive event venue or continue its use as a luxury rental destination. Having been recently refreshed with thoughtful updates, including a brand-new 50-year fire-rated Presidential roof, new exterior doors, upgraded heaters, Trex decking and fresh exterior paint. This rare estate combines the timeless charm of Old-World architecture with modern livability, delivering a lifestyle that is both storybook and spectacular.

Location

Big Bear Lake, San Bernardino County, CA 92315

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Listed by: ARMEN BAGDASARIAN · CHRIS ARMEN

Payment estimate

$30,517

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $435,000 · Loan: $3,915,000

%
Principal & Interest
$24,054
Property tax (1.25%)
$4,531
Homeowners insurance
$300
Mortgage insurance
$1,631
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Big Bear Lake home with as little as 3.5% down using an FHA loan — roughly $152,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Big Bear, CA 92315 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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